Georgia’s GDP Growth 6.9% in October

Georgia’s real GDP increased by 6.9% year-over-year in October, according to the rapid estimates released by the National Statistics Office (Geostat) on November 30.

Geostat said growth was registered in manufacturing; transportation and storage; arts, entertainment and recreation; electricity, gas, steam and air conditioning supply; financial and insurance activities; hotels and restaurants; trade. A decline was posted in construction.

Real GDP also grew by 10.5% in January-October 2021, according to the rapid estimates.

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